Tag: unitedhealth

Private health insurance (Stan Honda / AFP / Getty)

Aetna Joins Industry by Bailing Out of Obamacare

The Aetna insurance company is terminating coverage for 73 percent of its Obamacare individual policies, facing huge financial losses and the need to hike health insurance premiums by 20 percent just one week before the November 8 elections.

Irfan Khan/Los Angeles Times via Getty Images

Blue Shield Of California: Furlough over Obamacare Losses

Blue Shield of California (BSC) will be shutting down for four days following Labor Day weekend as a way to stop the financial bleeding resulting from losses in “Covered California,” the state’s Obamacare exchange program.